Joffe & Associés advises the partners of Thiqa in connection with its sale to the Docaposte Group.
Read the original CF News article here.
Joffe & Associés advises the partners of Thiqa in connection with its sale to the Docaposte Group.
Particularly active in the area of external growth, Docaposte – La Poste’s subsidiary specialising in digital solutions – has set its sights on Thiqa. Founded in 2018, Thiqa specialises in digital solutions for voting, registered mail, digital signatures and archiving, and is now being sold by its founder, François Thill, and its co-founder, Olivier Clémot.
Docaposte is seeking, through this move, to further strengthen its offering in the areas of consultancy, integration and operation of trusted digital solutions. Whilst being integrated into Docaposte’s service offering, Thiqa will nevertheless retain its autonomy.
This acquisition is in line with the strategy pursued by Docaposte, which aims to develop and strengthen “Docaposte’s expertise with a view to consolidating its position as a leading authority on digital trust in France and Europe”, states Olivier Vallet.
The young target company, with around 20 employees, also offers services covering the integration, maintenance and operation of solutions, as well as the bespoke development of associated applications, which generated €3.6 million in revenue last year.
This is a modest figure compared to the group’s turnover of €815 million, with its 7,000 employees spread across 70 sites in France and internationally.
Transaction details:
- Target company: Thiqa
- Founding sellers: François Thill, Olivier Clémot
- Buyer: Docaposte
- Advisers of the sellers: J&A: Thomas Saltiel, Mathilde Vasseur, Paddy Pascot.
- Advisers of the buyers: Altana: Bruno Nogueiro, Olivier Carmès
